Ann: EEA Subscription Update, page-12

Blueballs you or others may not be aware but yes there is a reaon why SP stuck around 7c. There was a 4.5c CR June 2022 that also had attached 100m 7c options that expire 24 June 2024, in just over 6 months time from now.

This all happened 6 months before EEA invested in the company Dec 2022 and since EEA were not a part of that deal, exercising those options would dilute EEA and everyones holding that did not participate.

So since we're no longer desperate for $7m and EEA are taking care of new funding, it makes sense for these newer larger investors like WMA to buy no higher than 7c so no exercise of those options and no dilution of their holding. Keeping it around 7c also allows WMA in the time thats left to accumulate at a reasonably LOW price, get ready and set position for go.

It will go, its just a matter of time. The only one thing that will push SP over 7c is a ML and that could be anytime so, whether its before Christmas or worse case end of the 2nd Q, theres going to be great value unlocked for 7c. Either way most should be happy, early ML higher SP or later ML with no dilution and even greater value higher SP.